PC · PRIVATE CREDIT

Catalyst/Perini Strategic Income Fund

Catalyst Funds · Interval Fund

Program Overview

Interval Fund

Peer Group Filters

Objectives: IncomeTotal ReturnLow Traditional Correlation
Asset Class: Private Credit
Vehicle: Interval Fund
Single / Multi Asset: Multi-Asset

Sponsor/Manager

Catalyst Funds

Asset Class

Private Credit

Issuer

Catalyst/Perini Strategic Income Fund

Issuer Legal Structure

Delaware Statutory Trust

Program Life Structure

Evergreen

Securities Offered

Equity - Shares of Beneficial Interest (Class I)

Target Leverage

Maximum 33% debt-to-total-assets Borrowing capped at 33-1/3% of assets (Prospectus: 33% of net assets plus borrowings). $2.5M secured U.S. Bank line to 4/20/2027, undrawn at 3/31/2026; FY2025 avg rate 7.50%. Leverage inside asset-backed securities is not capped.

Strategy Risk/Return Profile

Managing Broker-Dealer

Foreside Fund Services, LLC

Scale

5,206,366 Shares outstanding (single class)

Minimum Investment

$2,500

Shares of Beneficial Interest (Class I) · waivable

Strategy Overview

The Prospectus states the Fund seeks total return by investing primarily in domestic asset-backed fixed income: agency and non-agency residential and commercial MBS, CMOs, other asset-backed securities, loan participations and CRE mezzanine/preferred equity. A significant portion is expected in non-agency RMBS and private senior secured CRE loans (71.37% and 16.93% at 9/30/2026, Fact Sheet). No credit-quality or maturity limit; below investment grade and distressed securities are permitted. Borrowing is allowed up to 33% of assets.

Subscribe to Ratings ALTSeek Ratings, securities and terms and the full diligence record are available with a subscription. Subscribe to Ratings Already subscribed? Sign in again